Satsuma bags $135m, QCEX raises $112m
Crypto funding rebounded during the week of July 20–26, with over $1 billion raised across 17 projects—marking one of the strongest weeks for fundraising this year. Infrastructure and AI-focused platforms dominated, with Satsuma’s $135 million raise and QCEX’s $112 million M&A deal leading the charge. The surge highlights investor appetite for foundational blockchain tools and AI integration, signaling renewed confidence in next-gen crypto utilities.
Summary
- Data analytics and infrastructure platforms dominated large funding rounds, with Satsuma leading at $135 million
- M&A activity accelerated with QCEX’s $112 million acquisition by Polymarket
- AI integration across blockchain projects appeared in over half of this week’s funding rounds
Infrastructure and AI projects led the majority of investor attention this week. Here’s a detailed breakdown of this week’s crypto funding developments as per Cryptofundraising data:
Satsuma
- The blockchain indexing platform raised $135 million in an Unknown round
- The project has raised $140 million so far
QCEX
- QCEX secured $112 million through M&A.
- The project, backed by Polymarket, is a Commodity Futures Trading Commission-licensed derivatives exchange.
Courtyard
- Courtyard raised $30 million in a Series A round from Forerunner Ventures, NEA, and Combinator.
- The project is a marketplace for tokenized physical collectibles.
Bitzero
- Bitzero gathered $25 million in an unknown round
- The project is operating in Infrastructure sector
Lightyear
- Lightyear accumulated $23 million as part of a Series B round
- The project — backed by NordicNinja, Lightspeed, and Metaplanet — is an investment platform enabling access to global stocks
xTAO
- xTAO secured $22.8 million in an Unknown round
- Investors include Digital Currency Group, Animoca Brands, and Falcon X
Projects under $20 million
- Soluna, $20 million in an Unknown round
- Poseidon, $15 million in a Seed round
- Capital B (ex The Blockchain Group), $12.05 million in an Unknown round
- DSRV, $11.6 million in a Series B round
- Gaia, $10 million in a Series A round
- Freename, $6.5 million in a Series A round
- Questflow, $6.5 million in a Seed round
- Delabs Games, $5.2 million in a Series A round
- Quack AI, $3.6 million in an Unknown round
- Syntetika, $2.5 million in a Pre-seed round
- Bloom Labs Ltd, $1.6 million in a Pre-seed round
